| LQD latest price $132.7000 (0.33%) ($132.3100 - $132.9200) on Mon. Jun. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 81 |
Latest Price | $132.7000(0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(73%) HYG(66%) JNK(65%) VCIT(63%) EMHY(62%) |
Factors Impacting LQD price | LQD will decline at least -1.01% in a week (0% probabilities). TBT(-52%) UUP(-26%) VIXM(-23%) VXX(-9%) OIH(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.2% |
| |
|
|